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Economy, Law & Politics

Vancouver councillor acclaimed as president of Federation of Canadian Municipalities

Vancouver councillor acclaimed as president of Federation of Canadian Municipalities

Two-term councillor Rebecca Bligh not ruling out run for mayor in 2026
S&P/TSX composite index manages slight gain while U.S. markets close lower

S&P/TSX composite index manages slight gain while U.S. markets close lower

TORONTO Canada's main stock index managed a slight gain Thursday while U.S. markets closed down on a choppy day that included headlines on trade tensions softening as well as a very public fallout between U.S. President Donald Trump and Elon Musk.
Ottawa silent on tariff retaliation as Carney takes part in talks with Trump

Ottawa silent on tariff retaliation as Carney takes part in talks with Trump

Prime Minister Mark Carney is said to be engaging in behind-the-scenes trade discussions with U.S. President Donald Trump.
Kirk LaPointe: The big tax reckoning is coming for Canada

Kirk LaPointe: The big tax reckoning is coming for Canada

As costs soar and demographics shift, governments can no longer dodge the truth: we either raise more revenueor cut deep
Canada Post union files labour practices complaint

Canada Post union files labour practices complaint

OTTAWA The Canadian Union of Postal Workers has filed an unfair labour practice complaint against Canada Post over ongoing contract negotiations, as the union scrambles to overcome bargaining pushback from both management and its membership.
Trade deficit hits record in April as 'trade has totally collapsed' amid tariffs

Trade deficit hits record in April as 'trade has totally collapsed' amid tariffs

OTTAWA Canada posted its largest merchandise trade deficit on record in April at $7.1 billion as exports fell sharply in the face of U.S. President Donald Trump's tariffs. Statistics Canada said Thursday the result, which followed a deficit of $2.
US stocks slip as Wall Street makes its final moves ahead of Fridays jobs report

US stocks slip as Wall Street makes its final moves ahead of Fridays jobs report

NEW YORK (AP) U.S. stocks drifted lower as financial markets locked in their final moves before a highly anticipated update coming Friday about the U.S. job market. The S&P 500 fell 0.5% Thursday. The Dow Jones Industrial Average lost 0.
B.C. mill worker drowns after being trapped in machine that fell into ocean

B.C. mill worker drowns after being trapped in machine that fell into ocean

DUNCAN Mounties in British Columbia say a mill worker on Vancouver Island has drowned after being trapped in a piece of heavy equipment that plunged into the ocean.
Bank of Canada hearing less catastrophic tariff talk from businesses

Bank of Canada hearing less catastrophic tariff talk from businesses

OTTAWA Trade-sensitive businesses are telling the Bank of Canada that theyre broadly less worried about their worst-case tariff scenarios coming true compared to earlier in the year, a senior central bank official said Thursday.
Mario Canseco: Third of Canadians avoiding U.S. purchases as Trump anger dips

Mario Canseco: Third of Canadians avoiding U.S. purchases as Trump anger dips

Most Canadians still see U.S. duties as a danger and prefer the Liberals over Conservatives to manage cross-border trade tensions, according to Research Co. survey